MedArt ApS — Credit Rating and Financial Key Figures

CVR number: 41925736
Industriholmen 15 A, 2650 Hvidovre

Credit rating

Company information

Official name
MedArt ApS
Personnel
6 persons
Established
2020
Company form
Private limited company
Industry
  • Expand more icon26Manufacture of computer, electronic and optical products

About MedArt ApS

MedArt ApS (CVR number: 41925736) is a company from HVIDOVRE. The company recorded a gross profit of 2404.1 kDKK in 2023, demonstrating a decline of -5.7 % compared to the previous year. The operating profit was 24.5 kDKK, while net earnings were 20.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 58.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. MedArt ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales6 902.847 899.01
Gross profit2 224.392 548.432 404.11
EBIT219.7516.8924.50
Net earnings166.8311.7720.47
Shareholders equity total1 206.181 217.951 238.42
Balance sheet total (assets)1 791.162 631.962 131.66
Net debt- 428.37508.06-63.42
Profitability
EBIT-%3.2 %0.2 %
ROA12.3 %0.8 %1.1 %
ROE13.8 %1.0 %1.7 %
ROI18.2 %1.1 %1.6 %
Economic value added (EVA)169.2724.1720.52
Solvency
Equity ratio67.3 %46.3 %58.1 %
Gearing62.4 %8.5 %
Relative net indebtedness %2.3 %14.7 %
Liquidity
Quick ratio1.91.01.0
Current ratio3.11.92.4
Cash and cash equivalents428.37251.53168.88
Capital use efficiency
Trade debtors turnover (days)16.541.5
Net working capital %17.5 %15.4 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:1.13%
Rating: 26/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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